Section 404 Notice definition

Section 404 Notice means the notice required pursuant to Section 404 of the Helping Families Save Their Homes Act of 2009 (P.L. 111-22), which amends 15 U.S.C. Section 1641 et seq., to be delivered by a creditor that is an owner or an assignee of a mortgage loan to the related Mortgagor within thirty (30) days after the date on which such mortgage loan is sold or assigned to such creditor.
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Section 404 Notice. The notice required pursuant to Section 404 of the Helping Families Save Their Homes Act of 2009 (P.L. 111-22), which amends 15 U.S.C. Section 1641 et seq., the form of which shall be provided by the Owner.
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Section 404 Notice means the notice required pursuant to Section 404 of the Helping Families Save Their Homes Act of 2009 (P.L. 111-22), which amends 15 U.S.C. Section 1641 et seq., to be delivered by a creditor that is an owner or an assignee of a Loan to the related Mortgagor within thirty
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Examples of Section 404 Notice in a sentence

  • A delivery of such written notice (which shall specify the number of shares of Common Stock to be purchased by the Shareholder submitting such notice) by such Shareholder shall constitute a binding agreement of such Shareholder to purchase, at the price and on the terms specified in the Section 4.04 Notice, the number of shares of Common Stock specified in such notice.

  • Such Section 4.04 Notice shall constitute an offer to each such Other Shareholder to purchase such Shareholder's Section 4.04 Portion of the number of shares of Common Stock acquired by the DLJ Entities.

  • The Purchaser shall deliver the Section 404 Notice required by the Helping Families Act with respect to each Mortgage Loan to each Mortgagor in accordance with applicable law within thirty (30) days after the Closing Date and shall bear all costs associated with providing such notices.

  • Section 4.01 Adjustments 16 Section 4.02 Calculation of Adjustments; Timing of Issuance of Additional Warrant Shares Upon Certain Adjustments; Adjustment Rules 22 Section 4.03 Business Combinations and Reorganizations 23 Section 4.04 Notice of Adjustments 23 Section 4.05 Adjustment to Warrant Certificate 24 Section 4.06 Amendments.

  • Interim Servicers shall prepare and deliver, on behalf of Owner, the Section 404 Notice required by the Helping Families Act with respect to each Purchased PHL Loan to each Borrower in accordance with applicable Law within 30 days of the Closing Date and Owner shall bear all costs associated with providing such notices.

  • Interim Servicers shall prepare and deliver, on behalf of each Owner, the Section 404 Notice required by the Helping Families Act with respect to each Purchased PHL Loan to each Borrower in accordance with applicable Law within 30 days of the Closing Date and Owner Representative shall bear all costs associated with providing such notices.

  • Within thirty (30) days following the Closing Date, the Purchaser shall furnish to each applicable Mortgagor any Section 404 Notice required by Section 404 of the Helping Families Save Their Homes Act of 2009 (the “Helping Families Act”) in accordance with the provisions of the Helping Families Act and Applicable Law.

  • The Master Servicer shall pay all costs associated with the distribution of such Section 404 Notice, and [__________] shall reimburse the Master Servicer for such costs.

  • A delivery of such a written notice (which notice shall specify the number of shares (or amount) of equity securities to be purchased by the Stockholder submitting such notice) by such Stockholder shall constitute a binding agreement of such Stockholder to purchase at the price and on the terms specified in the Section 4.04 Notice, the number of shares (or amount) of equity securities specified in such Stockholder's written notice.

  • Purchaser shall not initiate any contact with any Mortgagor related to any HECM Loan; provided, that Purchaser may contact a Mortgagor related to a HECM Loan to send written notice of the change in ownership of such HECM Loan from Seller to Purchaser (for the avoidance of doubt, such notices shall include any Section 404 Notice) unless Seller undertakes such obligation pursuant to the Subservicing Agreement, and as otherwise required by applicable law.


More Definitions of Section 404 Notice

Section 404 Notice. A notice required by Section 404 of the Helping Families Act.
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Section 404 Notice. A notice, in form and substance satisfactory to the Purchaser, advising the Mortgagor of the sale of the related Mortgage Loan to the Purchaser, or its designee, in accordance with Section 404 of the Helping Families Save Their Homes Act of 2009.
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Section 404 Notice. The notice required under Section 404 of the Homes Act.
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Section 404 Notice means the notice required pursuant to Section 404 of the Helping Families Save Their Homes Act of 2009 (P.L. 111-22), which amends 15 U.S.C. Section 1641 et seq., to be delivered by a creditor that is an owner or an assignee of a Mortgage Loan to the related Mortgagor within thirty (30) days after the date on which such Mortgage Loan is sold or assigned to such creditor. “Repurchase Price” means the price at which Purchased Assets are to be transferred from Purchaser or its designee to Seller upon termination of a Transaction, which will be determined in each case as the sum of: (i) any portion of the Outstanding Purchase Price, (ii) the Price Differential accrued and unpaid thereon, and (iii) any accrued and unpaid fees or expenses or indemnity amounts and any other outstanding amounts owing under the Program Documents from Seller to Purchaser.3543 “Request for Release of Documents” means the Request for Release of Documents set forth as Annex 3 or Annex 5 to the Custodial and Disbursement Agreement, as applicable. “Requirement of Law” means as to any Person, the certificate of incorporation and by-laws or other organizational or governing documents of such Person, and any law, treaty, rule or regulation or determination of an arbitrator or a court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its Property or to which such Person or any of its Property is subject. “Responsible Officer” means (i) as to any Person, the chief executive officer or, with respect to financial matters, the chief financial officer of such Person and (ii) as to Seller, Chief Executive Officer, Chief Financial Officer or Treasurer. “Restricted Mortgage Loan” means (i) a “Growing Equity Loan,” “Manufactured Home Loan,” “Graduated Payment Loan,” “Buydown Loan,” “Project Loan,” “Construction Loan” or “HECM Loan,” each as defined in the applicable Agency Guide, (ii) a 30+ Day Delinquent Mortgage Loan, (iii) a Mortgage Loan for which the related Escrow Payments have not been made by the next succeeding Due Date, or (iv) a High Cost Mortgage Loan.3644 3543 The definition of “Repurchase Price” was amended by Amendment No. 1, dated as of September 24, 2021. 3644 The definition of “Restricted Mortgage Loan” was amended by Amendment No. 1, dated as of September 24, 2021. 45 The definition of “Sanctions Lists” was added by Amendment No. 2, dated as of April 28, 2022.
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Section 404 Notice means the notice required pursuant to Section 404 of the Helping Families Save Their Homes Act of 2009 (P.L. 111-22), which amends 15 U.S.C. Section 1641 et seq., to be delivered by a creditor that is an owner or an assignee of a Mortgage Loan to the 35 The definition of “Repurchase Price” was amended by Amendment No. 1, dated as of September 24, 2021. 36 The definition of “Restricted Mortgage Loan” was amended by Amendment No. related Mortgagor within thirty (30) days after the date on which such Mortgage Loan is sold or assigned to such creditor.
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Related to Section 404 Notice

  • Section 404 Report means management’s report on “internal control over financial reporting” as defined by the SEC and the related attestation report of the independent certified public accountant as described in Section 3(A)(1).

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • Hold Notice means a written statement (or an oral statement confirmed in writing, which may be by e-mail) from a holder of reset rate notes denominated in U.S. Dollars during the then-current and immediately following reset periods, delivered to a remarketing agent that the holder desires to hold some or all of its reset rate notes for the upcoming reset period and affirmatively agrees to receive a rate of interest of not less than the applicable All Hold Rate during that reset period.

  • Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below: ≤$100,000,000 two Business Days >$100,000,000 to $250,000,000 five Business Days ≥$250,000,000 ten Business Days

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.

  • Mandatory Tender Notice means, in connection with the Mandatory Tender of VRDP Shares, a notice, substantially in the form attached to the VRDP Shares Remarketing Agreement as Annex II, delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider in accordance with this Agreement and specifying a Mandatory Tender Event and Purchase Date.

  • Suspension Notice As defined in Section 6(d) hereof.

  • Section 404 means Section 404 of the Sarbanes-Oxley Act of 2002 and the SEC’s rules and regulations promulgated thereunder.

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Allocation Notice shall have the meaning assigned to such term in Section 11.14(i) hereof.

  • Offeror’s Notice means the notice described in Section 12.3.

  • Penalty Charge Notice means a notice served by a Civil Enforcement Officer pursuant to the provisions of section 78 of the 2004 Act and supporting regulations;

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 2.6(f).

  • Determination Notice is defined in Section 6.1(b)(i) of the Agreement.

  • End of Suspension Notice has the meaning set forth in Section 1(f)(ii).

  • Reset Notice has the meaning specified in Section 3.07.

  • Xxxxx Notice means the Notice of Grant of Stock Option accompanying the Agreement, pursuant to which Optionee has been informed of the basic terms of the option evidenced hereby.

  • PAGA Notice means Plaintiff’s October 27, 2022, letter to Ansible and the LWDA providing notice pursuant to Labor Code section 2699.3, subd.(a).

  • Valuation Notice means the notice given by the Partnership pursuant to Section 8.5(b) or Section 8.6(a) and stating the Initial Value at which a Purchase Right is to be exercised or at which a Repurchase Obligation is to be effected.

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank or any similar or analogous notice from the Agent to a Collection Bank.

  • Second Notice means notice to the Class in a form to be approved by the Court, which shall substantially be in accordance with the notice at Schedule “E”.

  • Acceleration Notice shall have the meaning specified in Section 6.2.

  • Reduction Notice has the meaning set forth in Section 1.3.

  • Mandatory Conversion Notice shall have the meaning ascribed to it in Section 4.01(b)(ii) hereof.

  • Redemption/Distribution Notice has the meaning set forth in paragraph 4(e) of Annex I.